Dow closes down 870 points
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Dow Jones Tumbles As Trump's Greenland Threats Spur Sell The U.S. Trade; Tesla, Nvidia Skid
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. NetflixNFLX, United AirlinesUAL, Interactive BrokersIBKR headlined earnings late Tuesday.President Donald Trump will speak at the World Economic Forum in Davos,
Major stock indexes sank Tuesday after President Donald Trump threatened to impose new tariffs on eight NATO allies for opposing his desired sale of Greenland to the U.S.
The Dow Jones fell nearly 900 points on Tuesday, while the S&P 500 and Nasdaq collapsed over 2% each. Big Tech stocks lost over $700 billion in market value. The US Dollar index fell against other major and EM currencies,
Danish pension fund announced that it would sell Treasuries, raising worries about potential EU retaliation to Trump’s plans to acquire Greenland.
U.S. stocks extended their decline in midday trading on Tuesday after President Trump threatened to impose new tariffs on European allies opposing the sale of Greenland to the U.S. The Dow Jones Industrial Average was falling by more than 500 points,
Dow Jones, S&P 500, Nasdaq drop as Trump's tariff threat, Greenland standoff weigh on investor sentiment — Details here
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.41% to 49,352.44 while the NASDAQ surged 0.78% to 23,655.17. The S&P 500 also rose, gaining, 0.55% to 6,964.89.
US stock markets fell sharply on January 20 after President Donald Trump’s tariff threats linked to Greenland sparked fears of a global trade conflict, sending the Dow Jones down nearly 700 points.
The S&P 500 is hanging around the 50-day EMA and sits above the 6,800 level. I would anticipate some type of drama kind of move initially during the day. And then I think you are going to have the same situation that you get in the Nasdaq 100.
The Dow Jones Industrial Average fell more than 870 points and the S&P 500 and Nasdaq Composite fell more than 2% each, amid global trade tensions.